Morton Office Space

Morton

Office Space Market Report

Number of Listings (last 90 days)
18
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
4,980
As of: May 22, 2017

Morton Rates

The typical asking rate per listing is in the $10's per square foot per year. The Morton submarket is seeing a decline in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 22% decrease in rent.

Morton Listing Supply

In the last 90 days, 18 listings have been made available, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 4,980 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are approximately 1 floors. Most buildings in this region were built in 1972 and are Class B.

Morton Community

Market Report

Trends and status of the commercial real estate market in Morton.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Morton.
Research